Laxman Narasimhan, an Indian-origin executive, officially assumed the role of Chief Executive Officer of global coffee giant Starbucks on Monday, joining a growing cohort of business leaders from India at the helm of global corporations.
On March 23, Laxman Narasimhan will preside over Starbucks’ Annual Shareholder Meeting. Narasimhan will continue to engage the leadership team, sharing his early learnings and insights, and assessing opportunities for the company as they chart a course forward,” the company said.
Laxman’s intensive immersion into the business coupled with his extensive experience as a proven brand builder, innovator and operator have uniquely prepared him to lead Starbucks into its next phase of growth,” Board Chair Mellody Hobson said in a statement.
